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Random Observations for Students of Economics

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I talk with Larry Kotlikoff

Recently, I had the opportunity to speak with Boston University economist Larry Kotlikoff and some BU students and faculty.  You can listen to the conversation here at his podcast. You can also subscribe to Larry's substack here.

ASSA 2023

I am not attending the ASSA meeting in person this year, but I will participate via zoom in a session on Efficient and Effective Course Preparation. It is today from 2:30 to 4:30 CST at the Hilton Riverside, Grand Salon A Sec 3 & 6. The panel is also being streamed live. Click here for more information.

Good News from Amazon

 Click on image to enlarge.

Biden Fiscal Policy

Click on image to enlarge. This chart is from the Committee for a Responsible Federal Budget. The figures are totals between 2021 and 2031.

Mitt joins the Pigou Club

Government Debt and Capital Accumulation in an Era of Low Interest Rates

My recent paper for Brookings is now published. You can access the final version by clicking here.

Eric Budish on Cryptocurrencies

Last week, Eric Budish of the University of Chicago gave a great lecture on cryptocurrencies at Harvard. You can watch it by clicking here.

Am my book that dangerous?

 I don't agree with the sentiment, but I appreciate the humor.

POTUS accepts responsibility for inflation

Why I fear the Fed may be overdoing it

I thought I might explain my fear that the Fed is in the process of tightening too much. Let me begin, however, with two points of agreement with the monetary hawks.First, I agree that monetary and fiscal policymakers are partly to blame for the recent inflation surge. In fact, I warned about overheating in a February 2021 column in the New York Times.Second,...

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